Nov 6 (Reuters) - Ralph Lauren RL.N raised its annual revenue forecast on Thursday, betting on resilient demand for its high-priced Polo shirts and cotton cable knit sweaters amid rising economic uncertainty.

The owner of several high-end apparel and accessory brands, which has implemented selective price hikes, keeps benefiting from strong full-price sales across its portfolio, driven by growing loyalty and interest from its affluent customer base.

The company now expects full-year revenue to increase 5% to 7% on a constant currency basis, compared with prior forecast of a low- to mid-single-digit percentage growth.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Leroy Leo)

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